Mizuho Trust & Banking Co. Ltd. maintained its position in shares of Celestica Inc. (NYSE:CLS) (TSE:CLS) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 201,000 shares of the company’s stock at the end of the third quarter. Mizuho Trust & Banking Co. Ltd. owned approximately 0.14% of Celestica worth $2,177,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of CLS. Fox Run Management L.L.C. acquired a new position in shares of Celestica during the second quarter worth approximately $135,000. Bank of Montreal Can acquired a new position in shares of Celestica during the second quarter worth approximately $1,896,000. ClariVest Asset Management LLC increased its position in shares of Celestica by 116.2% in the second quarter. ClariVest Asset Management LLC now owns 190,032 shares of the company’s stock worth $1,766,000 after buying an additional 102,132 shares during the period. Emerald Acquisition Ltd. acquired a new position in shares of Celestica during the second quarter worth approximately $914,000. Finally, Dynamic Technology Lab Private Ltd increased its position in shares of Celestica by 663.9% in the second quarter. Dynamic Technology Lab Private Ltd now owns 95,356 shares of the company’s stock worth $887,000 after buying an additional 82,874 shares during the period. 70.70% of the stock is owned by institutional investors.
Shares of Celestica Inc. (NYSE:CLS) traded up 0.24% during midday trading on Friday, hitting $12.39. 143,722 shares of the stock were exchanged. The company has a market cap of $1.73 billion, a PE ratio of 14.14 and a beta of 1.08. Celestica Inc. has a 12 month low of $8.07 and a 12 month high of $12.59. The stock has a 50 day moving average price of $11.60 and a 200-day moving average price of $10.73.
Celestica (NYSE:CLS) last posted its quarterly earnings data on Thursday, October 20th. The company reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.13. The firm earned $1.55 billion during the quarter. Celestica had a net margin of 2.16% and a return on equity of 12.63%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.22 EPS. On average, analysts predict that Celestica Inc. will post $1.29 EPS for the current year.
A number of equities analysts recently commented on CLS shares. Zacks Investment Research raised shares of Celestica from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Wednesday, October 26th. Canaccord Genuity set a $13.00 price target on shares of Celestica and gave the stock a “buy” rating in a report on Friday, October 21st. Standpoint Research lowered shares of Celestica from a “buy” rating to a “hold” rating in a report on Friday, November 18th. Macquarie lowered shares of Celestica from an “outperform” rating to a “neutral” rating in a report on Friday, July 29th. Finally, BMO Capital Markets reaffirmed a “hold” rating on shares of Celestica in a report on Friday, October 21st. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $13.04.
Celestica Inc is a provider of supply chain solutions in the communications, consumer, diversified, servers and storage end markets. The Company operates in electronics manufacturing services business segment. The Company offers a range of services to its customers, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services.